Hotel Occupancy Rate was 84.1 Percent in October 2015
October 2015’s average daily rate of $276.60 is a 2.9 percent decrease since September 2015, the prior month, and a 5.0 percent increase since October 2014, the same period of the prior year. The revenue per available room in October 2015 was $232.66, a 3.5 percent decrease compared to September 2015 and a 5.1 percent increase since October 2014. Note that the month-to-month comparisons use seasonally adjusted data.
Data on hotel indicators comes from Colliers PKF Consulting “Trends in the Hotel Industry – Northern California” monthly reports.
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